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Retail Condominiums 1380 Madison Ave. 2 condos • Commerce de détail • À vendre 7 108 552 $ CAD • New York, NY
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Prime Upper East Side Madison Avenue frontage in an iconic neighborhood setting.
- Close proximity to Central Park, Museum Mile, and multiple cultural institutions.
- Two nationally recognized, credit-worthy tenants.
- Surrounded by high-income residential blocks and steady daily pedestrian movement.
- Strong transit access with nearby 4/5/6 and Q subway lines supporting customer draw.
RÉSUMÉ DE L'ANNONCE
This rare opportunity consists of two high-quality retail condominium units offered together at a combined purchase price of $5,250,000. The assets are anchored by two nationally recognized, credit-worthy tenants: Bank of America and Van Leeuwen Ice Cream. Both tenants recently executed new long-term leases, providing the incoming investor with stable income and minimal near-term rollover.
The property benefits from strong tenant branding, established customer traffic, and essential-service draw. Bank of America offers long-term credit stability, while Van Leeuwen adds a modern, experience-driven retail component that appeals to a wide demographic. The pairing creates an attractive and diversified income stream.
The asset is projected to generate a 2026 Net Operating Income of $240,000, offering investors durable cash flow backed by reputable operators. With new leases in place, minimal capital requirements, and two well-performing tenants, this offering is ideally suited for investors seeking secure, low-management retail income.
The property benefits from strong tenant branding, established customer traffic, and essential-service draw. Bank of America offers long-term credit stability, while Van Leeuwen adds a modern, experience-driven retail component that appeals to a wide demographic. The pairing creates an attractive and diversified income stream.
The asset is projected to generate a 2026 Net Operating Income of $240,000, offering investors durable cash flow backed by reputable operators. With new leases in place, minimal capital requirements, and two well-performing tenants, this offering is ideally suited for investors seeking secure, low-management retail income.
FAITS SUR LA PROPRIÉTÉ
| Prix | 7 108 552 $ CAD | Statut | Actif |
| Prix/pi² | 3 660 $ CAD / pi² | Nombre de propriétés | 2 |
| Taux de capitalisation | 4,57% | Individuellement en vente | 0 |
| Type de vente | Investissement | Taille totale du bâtiment | 1 942 pi² |
| Prix | 7 108 552 $ CAD |
| Prix/pi² | 3 660 $ CAD / pi² |
| Taux de capitalisation | 4,57% |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 1 942 pi² |
PROPRIÉTÉS
| NOM DE LA PROPRIÉTÉ/ADRESSE | TYPE DE PROPRIÉTÉ | TAILLE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
|---|---|---|---|---|
| 1380 Madison Ave, 1er étage - Unité Retail A, New York, NY 10029 | Commerce de détail Condo | 1 214 pi² | 2006 | - |
| 1380 Madison Ave, 1er étage - Unité Retail B, New York, NY 10029 | Commerce de détail Condo | 728 pi² | 2006 | - |
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Retail Condominiums 1380 Madison Ave.
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